1
You can lease almost any kind of equipment. Machine
tools... construction equipment... copiers... computers... medical/dental equipment...
from single items to an entire office or plant. All are available through our leasing
programs.
2
You choose the equipment you want. You make
the arrangements as to price and specifications with the supplier you have selected.
You retain all manufacturer's warranties and guarantees.
3
You get a longer term, smaller payments. Typical
lease terms are two to five years...usually somewhat less than the useful life of
the equipment. Nearly always this term is longer than a normal loan period from a
borrowing source, resulting in lower monthly payments.
4
You enjoy virtually %100 financing.
Practically any other financing demands a substantial
down payment, deposit or compensating bank balance. By leasing you can quickly acquire
use of the equipment you want without major cash outlay.
5
You gain possible tax advantages. Lease payments
are often treated as fully deductible expenses. This may mean a more rapid write
off to you. Because the lease term is generally shorter than the depreciable life,
payments can be expensed in a shorter duration.
6 You
keep both cash and machines generating profits.
Cash and machines are working assets.
With no cash tied up in the equipment, you have both assets working for you. -Particularly
important under conditions of high-priced money, inflation, cost squeezes.
7
You can deal with budget restrictions. Budget
restrictions preventing purchase of equipment or acquisition of fixed assets still
may often permit a workable lease arrangement. This may be true of branch operations
of large companies, for hospitals, non-profit organizations, and municipalities. |
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8
You can get a hedge against obsolescence. With
today's rapidly moving technology, some equipment can become obsolete relatively
quickly. Leasing frequently enables you to acquire the new equipment you need without
having to keep costly equipment working years beyond its profitable time.
9
You can project costs more accurately. You have
known payments over a specified period. There are no depreciation figures to be questioned,
no varying interest costs to be estimated. Leasing helps take the guesswork out of
budgeting.
10
You can build your available credit. With leasing,
you can get the equipment you need now without disturbing your present bank credit
lines. Preserving your bank lines for other possible uses means the same thing to
you as expanding available credit.
11
You avoid dilution of equity.
Leasing offers you a viable alternative to having
to raise additional capital through adding more shareholders or partners, or limiting
your lines of credit with loans on your fixed assets.
12
You get great flexibility in lease plans. Lease payments
can be arranged to match your cash flow pattern, to match seasonal business, to match
earnings generated by the equipment. Upon expiration of your lease, arrangements
can be made for renewal, purchase, or return of equipment. We will structure a lease
plan to fit your situation and your specific requirements.
13 You have a hedge against inflation. When you
lease equipment, you pay for it as you use it. When you purchase, you pay in current
dollars for future use of equipment. So, if inflation continues, leasing can help
provide protection against future decrease in dollar value.
14
You may find leasing the least expensive
way to get equipment. After examining the possibilities involved in cash
purchase, a bank loan, or installment purchase, and after considering the advantages
you can derive from use of freed-up capital, you often find leasing costs you less
than other methods of acquiring the equipment you need. |
